1

When the cheque is dishonored, the collecting banker is not bound to give notice of the same to his customer within a reasonable time.

Correct Answer: False

Make the most of this question

This page focuses on one Banking and Finance 3 question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

Banking and Finance 3 MCQ: When the cheque is dishonored, the collecting banker is not bound to give notice of the same to his customer within a reasonable time. | Extra Education